The board of directors of Sky Light Holdings Limited announced that based on the currently available preliminary assessment of the unaudited consolidated management accounts of the Company for the year ended 31 December 2019, the Board expects to record a significant decrease in revenue by approximately 45% for the year ended 31 December 2019 as compared to the revenue for the year ended 31 December 2018; and the Board expects to record a significant decrease in net loss by approximately 68% for the year ended 31 December 2019 as compared to the net loss for the year ended 31 December 2018. The decrease in revenue for the year ended 31 December 2019 was primarily due to the significant decrease in the number of orders received by the Group from its customers in the United States of America (the "U.S.") during the year ended 31 December 2019 as compared with the number of orders received by the Group from its customers in the U.S. during the year ended 31 December 2018 caused by the trade war between the U.S. and the People's Republic of China (the "PRC"), whereby the U.S. imposed tariff on various goods originating from the PRC including most of the Group's export to the U.S. The decrease in net loss for the year ended 31 December 2019 was primarily due to the significant decrease in impairment loss arose from the disposal of the ION360 business for the year ended 31 December 2018.